Core Viewpoint - Harbin Electric (01133) has seen a significant stock increase of over 8%, currently trading at HKD 20.46, with a transaction volume of HKD 143 million. The company anticipates a net profit attributable to shareholders of approximately RMB 2.65 billion for the fiscal year 2025, representing a 57% increase from RMB 1.686 billion in the previous year, driven by revenue growth and improved product profitability [1]. Company Summary - Harbin Electric is expected to benefit from the growth in domestic electricity demand and the emphasis on traditional power supply sources as highlighted in the "14th Five-Year Plan" [1]. - The company is positioned as one of the three major traditional power equipment leaders in China, with potential advantages from the increasing demand for coal, gas, water, and nuclear power [1]. Industry Summary - The data center sector is driving ongoing electricity shortages overseas, which may lead to increased exports of small gas turbines from Harbin Electric [1]. - The gas turbine industry is expected to benefit significantly from the expansion cycle of computing capital expenditures, particularly as overseas component production capacity expands slowly and main engine manufacturers face order backlogs [1]. - Recommendations have been made for companies with customer positioning advantages and high certainty of volume growth in the gas turbine sector [1].